[Economic Indicators May, 2007]
[Page Number 25]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
PRICES RECEIVED AND PAID BY FARMERS

In May, prices received by farmers rose 3.0 percent; prices paid by 
farmers rose 0.6 percent. (Data are not seasonally adjusted.)
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                                                         [1990-92=100; not seasonally adjusted]
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                                                      Prices received by farmers                        Prices paid by farmers
                                           ------------------------------------------------------------------------------------------------
                                                                                                  All
                                                                                             commodities,      Production
                  Period                        All farm                     Livestock and     services,        items,         Production     Ratio \2\
                                               products          Crops         products        interest,       interest,         items
                                                                                              taxes, and      taxes, and
                                                                                            wage rates \1\    wage rates
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1997 .....................................             107             115              98             118             118             119            90
1998 .....................................             102             107              97             115             114             113            89
1999......................................              96              97              95             115             113             111            83
2000 .....................................              96              96              97             120             118             116            80
2001 .....................................             102              99             106             123             122             120            83
2002 .....................................              98             105              90           r 123             121             119            79
2003 .....................................             107             111             103             128             125             124            84
2004 .....................................             119             117             122             133             132             131            89
2005 .....................................             116             112             120             142             141             139            82
2006 .....................................             116             120             112             148             148             146            78
 
2006:May .................................             111             120             104             149             148             146            74
      June ...............................             118             127             110             149             149             147            79
      July ...............................             118             127             111             149             149             147            79
      Aug ................................             120             125             114             149             149             147            81
      Sept ...............................             119             121             116             149             148             146            80
      Oct ................................             116             115             116             148             148             145            78
      Nov ................................             119             122             116             148             148             145            80
      Dec ................................             120             127             113             149             149             147            81
 
2007:Jan..................................             124             131             116             151             152             148            82
      Feb ................................             128             138             120             153             153             150            84
      Mar ................................             134             145             126           r 156             156             153            86
      Apr r...............................             134             141             129             157             158             156            85
      May ................................             138             144             134             158             158             156            87
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    \1\ Includes items not shown 
separately.
    \2\ Percentage ratio of index of 
prices received by farmers to index 
of prices paid, interest, taxes, and 
wage rates.
    Note.--The official indexes are 
published on a 1910-14 base as 
required by law. The indexes have 
been converted to a 1990-92=100 base 
to facilitate comparison with other 
indexes.
    Source: Department of 
Agriculture.